Halogen Software Plugs and Plays with Key Enterprise Apps to Make Life Easier for HR and Employees…from Halogen Software

May 3, 2012

 

New Talent Profile API and Microsoft Office Outlook Plug-in make it easy for organizations to exchange and centralize key employee data in the Halogen Talent Management Suite

 

HRchitect featured Halogen Software in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Halogen Software has delivered new product enhancements that provide improved integration between its award-winning talent management suite and other enterprise applications. The Microsoft® Office Outlook Plug-in for the Halogen Talent Management Suite™ puts an important “performance feedback” feature of the suite where many users work the most – their inbox. The new Talent Profile API allows customers to automatically import key information from other corporate employee profiles and consolidate it in Halogen’s Talent Profile to gain a complete and secure picture of every employee.

Microsoft Office Outlook Plug-in

Customers have consistently praised Halogen’s “Performance Journal” as a meaningful tool to share and document notes on employee performance. The new Microsoft Office Outlook Plug-in for the Halogen suite makes the Performance Journal tool even more efficient and valuable to both employees and managers.

With the click of a button anyone in the organization can save emails from peers, subordinates, colleagues, customers and partners as feedback within Halogen eAppraisal. This ability to consolidate both internal and external feedback shared through email, and capture it in one central location, helps organizations gather richer feedback for a complete picture of performance. It conveniently puts the feature in an application that employees across the organization use the most – their email – and supports even broader use of the Halogen suite.

The plug-in is designed for ease of use:

Users can instantly convert emails into journal notes without having to log into the Halogen Suite.

Employees can create a feedback note for anyone in the organization resulting in richer information available to employees and managers at performance appraisal time.

“Halogen’s Performance Journal has always been an important tool for our managers and employees,” said Jessica Utley, HR Director, Lattimore Black Morgan & Cain, PC and Affiliates. “This integration with an enterprise wide application like Outlook is going to boost use of this tool even further. We love that Halogen is always looking for ways to improve usability for their products and make the suite a single source for data about our talent.”

Halogen Talent Profile API

Organizations often have employee profiles stored across various internal, disparate systems, which can cause duplicate data entry and inconsistency in data integrity across these different profiles. The Halogen Talent Profile API automatically synchs with profiles stored in other systems – such as HRIS, third-party learning and certification systems, or corporate social networks like Microsoft SharePoint and Yammer – making it the single source of talent data about an employee.

With this API, organizations can:

Develop secure, configurable employee profiles to create a data rich company directory within the Halogen suite.

Provide managers and approvers fingertip access to an employee’s full profile for internal recruitment, while writing an appraisal, completing a talent assessment for succession planning, or when awarding compensation adjustments.

Quickly identify high potential employees for talent pools and leadership bench strength.

Introduce internal social networking capabilities in a secure way – employees across the organization can find and connect with one another based on interests, knowledge, roles, and more.

Lock down sections of the profile to ensure they are only updated with external information via the API and cannot be modified by employees.

Data-rich talent profiles give organizations even deeper insight into an employee’s engagement with their workplace and career. This can make all the difference to a manager deciding on future development opportunities, judging an employee’s competence in areas like initiative, or making a call on questions such as readiness for promotion or risk of leaving the company.

“Halogen’s Talent Profile flexibility has always been a strong selling point for our customers. Now the ability to easily bring in key information from other profiles they use across the enterprise makes it even more compelling,” said Dawn MacKay, VP of Product Management, Halogen Software. “There is no other talent profile on the market that offers these configuration or security capabilities.”

For more information on Halogen Software, please visit www.halogensoftware.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Kenexa Announces Financial Results for First Quarter 2012…from Kenexa

May 1, 2012

 

  • Signed three new Fortune 50 customers to multi-product deals
  • 2012 revenue and non-GAAP profitability guidance increased

 

HRchitect featured Kenexa in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Derek Bluestone, VP Product Marketing appeared on the HRchitect WebMingle on June 17, 2010. HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended the Kenexa Analyst Day in 2010 & 2011 and the Kenexa World Conference from 2009-2011.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Kenexa (NYSE: KNXA), a global provider of business solutions for human resources, today announced operating results for the first quarter, ended March 31, 2012.

For the first quarter of 2012, Kenexa reported total GAAP revenue of $77.8 million. Non-GAAP revenue, which eliminates the GAAP adjustment to deferred revenue resulting from certain acquisitions, was $80.1 million for the first quarter of 2012, an increase of 27% compared to $63.0 million for the first quarter of 2011. Within total non-GAAP revenue, subscription revenue was $57.6 million for the first quarter of 2012, an increase of 17% compared with $49.2 million in the first quarter of 2011. Professional services and other revenue was $22.5 million for the first quarter of 2012, an increase of 63% compared to$13.8 million for the first quarter of 2011.

“We started 2012 on a strong note with both revenue and non-GAAP profitability exceeding our guidance. In addition to signing a multi-million dollar agreement with the UK’s Ministry of Defense, we added three new Fortune 50 customers during the first quarter. These wins further reinforce that Kenexa has the best-in-class, SaaS recruiting platform for large, global organizations, and they follow Kenexa winning the three largest talent management deal opportunities during 2011 that we are aware of,” said Rudy Karsan, Chief Executive Officer of Kenexa.

Karsan added, “We are optimistic about our outlook for the balance of 2012 and believe that Kenexa is well positioned to realize continued market share gains. We increasingly see HR organizations seeking a holistic solution to address their challenges, and Kenexa’s highly differentiated product offerings and unparalleled content and domain expertise are resonating in the market.”

Non-GAAP income from operations, which excludes share-based compensation expense, amortization of acquired intangibles, the purchase accounting impact of deferred revenue, and acquisition related fees, was $6.8 million for the three months ended March 31, 2012. This represented an 8.5% non-GAAP operating margin and an increase of 36% compared to non-GAAP income from operations of $5.0 million for the three months ended March 31, 2011.

Non-GAAP net income available to common shareholders, which excludes the items listed above and includes a tax adjustment on the non-GAAP items, was $5.4 million for the three months ended March 31, 2012, compared to $3.7 million for the three months endedMarch 31, 2011. Non-GAAP net income available to common shareholders was $0.19 per diluted share for the first quarter of 2012, above the Company’s guidance of $0.15 to $0.17and based on 28.1 million weighted average shares outstanding. Non-GAAP net income available to common shareholders was $0.15 per diluted share for the first quarter of 2011, based on 24.1 million weighted average shares outstanding.

Kenexa’s loss from operations for the three months ended March 31, 2012, determined in accordance with GAAP, was $3.0 million, compared to a loss from operations of $2.8 million for the same period of 2011. GAAP net loss allocable to common shareholders was approximately $2.5 million, or ($0.09) per basic and diluted shares for the three months ended March 31, 2012, compared to net loss of $3.2 million, or ($0.14) per basic and diluted share, in the same period of 2011.

A reconciliation of GAAP to non-GAAP results has been provided in the financial statement tables included at the end of this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”

Kenexa had cash, cash equivalents and investments of $83.0 million at March 31, 2012, compared to $129.0 million at the end of the prior quarter. The decrease in cash was primarily the result of the $41.1 million paid for the acquisition of OutStart. The Company generated $1.7 million in cash from operations for the first quarter and used $7.1 million associated with capital expenditures and capitalized investments. Deferred revenue was$96.6 million at March 31, 2012, an increase of 18% from March 31, 2011.

Other First Quarter and Recent Highlights

Kenexa, in collaboration with Capita plc, signed a contract to work in partnership to deliver the Recruitment Partnering Project (RPP) for the United Kingdom’s Ministry of Defense. Kenexa is providing the recruitment technology and assessment solutions to Capita in delivery of this project, which is responsible for the entire process of attracting and recruiting soldiers and officers to the Regular and Territorial British Army.

More than 70 “preferred partner” customers were added during the first quarter (defined as customers that spend more than $50,000 annually), an increase from the over 50 preferred partner customer additions in the year ago period.

The average annualized revenue from the company’s top 80 customers, or P-cubed metric, was greater than $1.8 million in the first quarter of 2012, an increase from the over $1.4 million level in the first quarter of 2011.

Kenexa announced a partnership with Daesign, a specialist provider of games-based simulated environments and Autonomous Virtual Actors to develop talent attraction, assessment, development and engagement solutions for the marketplace.

Kenexa was chosen as a Top Recruitment Technology Provider, being honored at the Pentagon by the Military Spouse Corporate Career Network (MSCCN) for its partnership to provide a recruitment technology platform that helps veterans, their spouses and family members identify and obtain new employment.

Business Outlook

Based on information as of today, May 1, 2012, the Company is issuing financial guidance as follows:

Second Quarter 2012*: The Company expects GAAP revenue to be $84 million to $86 million. Excluding the GAAP adjustment to deferred revenue resulting from certain acquisitions, the Company expects non-GAAP revenue to be $86 million to $88 million, and non-GAAP operating income to be $8.3 million to $8.7 million. Assuming an effective tax rate for reporting purposes of approximately 20% and approximately 28.3 million shares outstanding, Kenexa expects its non-GAAP net income per diluted share to be $0.22 to $0.23.

Full Year 2012*: The Company expects GAAP revenue to be $348 million to $358 million. Excluding the GAAP adjustment to deferred revenue, the Company expects non-GAAP revenue to be $355 million to $365 million, and non-GAAP operating income to be $37 million to $41 million. Assuming an effective tax rate for reporting purposes of approximately 20% and approximately 28.6 million shares outstanding, Kenexa expects its non-GAAP net income per diluted share to be $0.98 to $1.09.

The above 2012 guidance represents an increase from our prior guidance of non-GAAP revenue of $352 million to $362 million, non-GAAP operating income of $36 million to $40 million, and non-GAAP net income per diluted share of $0.95 to $1.07.

* Kenexa’s non-GAAP guidance excludes stock-based compensation expense, amortization of acquired intangibles, acquisition-related fees, the purchase accounting reduction for Salary.com’s and OutStart’s revenue, and accretion associated with a variable interest entity.

For more information on Kenexa, please visit www.kenexa.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 

Matt Lafata, HRchitect

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Peoplefluent Promotes Chris Caldon to Senior Vice President, Marketing and Strategic Sales…from Peoplefluent

May 1, 2012

 

Proven Executive Focuses Deep Product Knowledge, Broad Customer Understanding and Strong Market Awareness on Bringing New Innovation and Collaboration to Talent Management Market

 

HRchitect includes Peoplefluent in our list of top Talent Acquisition Systems vendors and top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Peoplefluent™, offering a unique combination of best-of-breed mobile and cloud-based solutions for Talent Management, Vendor Management and Workforce Compliance and Diversity, today announced the promotion of Chris Caldon to Senior Vice President of Marketing and Strategic Sales.  With more than 20 years in the Talent Management (TM) sector, Mr. Caldon will combine his deep product knowledge, broad customer understanding and strong market awareness to bring Peoplefluent’s newest innovations and collaboration strategies to market and to optimize and integrate TM solutions for customers worldwide.  In his new post, Mr. Caldon will report directly to Peoplefluent’s Chairman and CEO, Charles S. Jones.

“Peoplefluent has embraced the needs of its customers through new innovations and strategic acquisitions squarely aimed at uniting people and Talent Management processes in exciting ways.  The Peoplefluent team has been unfettered in its drive to deliver operational and talent wisdom through this innovation and a uniquely collaborative engagement strategy. We are committed to bringing our solutions to the market through an organizational structure that reflects that,” said Mr. Jones.  “Chris’ knowledge and proven ability make him ideally suited to lead the articulation and execution of our corporate vision in the marketplace.  I am delighted to have an executive with his passion, perspective and voice embracing our newest technologies and acquisitions and delivering important solution initiatives for our customers.”

A strong sales and strategy executive with extensive industry experience and a deep understanding of Peoplefluent’s current portfolio, Mr. Caldon has a keen understanding of market need, sales requirements and the important intersection of each of those elements.  He will lead Peoplefluent’s marketing team, working closely with product management and sales to harness and frame the transformative power of Peoplefluent’s TM innovation and collaboration strategies on organizations worldwide.  He will also focus on complex integrated TM selling opportunities that bring customers high-impact solutions across the suite.  His efforts will coalesce around solutions that embrace the newest Analytics  and Learning acquisition technologies, as well as the Company’s broader Talent Management elements which, unlike any other competitor in the marketplace, include comprehensive Contingent Workforce and Compliance and Diversity solutions.

During his tenure at Peoplefluent, Mr. Caldon has contributed significantly to the management of the business, leading large customer-facing organizations to demonstrable success.  While head of Professional Services, he unified two disparate organizations during acquisition integration while maintaining customer satisfaction and an increased focus on successful deployments.  As head of North American Sales, he expanded the team dramatically and delivered quarters of organic growth.  Marketing is the final customer-facing function within Peoplefluent and as he assumes responsibility for it, he adds exceptional value through his authentic and interactive customer relationships and deep market awareness and credibility.

Mr. Jones added, “The talent management market is experiencing dramatic changes and with Peoplefluent continuing to advance that change, the clarity of our Company’s message is more important than ever.  Chris will bring needed focus and dimension to our marketing initiatives as he works together with our customers to inspire their own innovation and success and a keen understanding of Peoplefluent’s value in that process.”

A proven human resources solutions professional from Mellon Bank and Fidelity Investments, Mr. Caldon rejoined Peoplefluent in 2010 to lead the Professional Services and Customer Support organizations for the Talent Management portfolio.  In 2011, he transitioned into a sales leadership role, during which time he delivered powerful quarters of organic growth and was instrumental in defining and growing Peoplefluent’s partnership with Mercer.

Mr. Caldon brings deep expertise in global business execution, in enterprise-level customer service and in product development and deployment from his prior posts as Vice President and Head of Product Management at Fidelity HR Services and Fidelity Investments, respectively. In his role at Fidelity, Mr. Caldon was responsible for market and product strategy, operational execution and financial modeling in a full scale product development and deployment effort that spanned four continents to deliver a leading global HR outsourcing offering for use in EMEA and North America.

Mr. Caldon also worked as the Principal, HRM BPO Leader at Mellon Human Resources & Investor Solutions and as a consultant at Mercer. He previously worked at Authoria during its start-up phase as the Vice President of Professional Services. Mr. Caldon received his bachelor’s degree in finance and accounting from Northeastern University in Boston, Mass.

Commenting on his appointment, Mr. Caldon said, “My commitment to this market and the Peoplefluent solutions spans many years, and I can say with incredible enthusiasm that there has never been a more exciting time to be a part of this business.  Peoplefluent has created a highly collaborative and dynamic set of engagement experiences and solutions that are much more capable than any current market offerings of addressing the evolving landscape and profile of the organizations we serve and the employees that make them successful.”

To learn more about Peoplefluent, please visit www.peoplefluent.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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SumTotal Systems Named as a Major Player in IDC’s Integrated Talent Management MarketScape…from SumTotal Systems

April 29, 2012

 

Company Recognized by Leading Analyst Firm for Breadth and Depth of Capabilities

 

HRchitect featured SumTotal Systems in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SumTotal® Systems, Inc., the global leader in Strategic Human Capital Management (HCM) solutions, recently announced that it is positioned as a Major Player in IDC’s Integrated Talent Management MarketScape report.

“SumTotal’s strengths are in the breadth of its suite and delivery model,” said Lisa Rowan, IDC program director, HR and talent management services.

IDC defines talent management as those functions that serve to attract, develop, reward and retain the workforce, with functionality for recruiting and staffing, learning and development, performance management, compensation management, and career and succession planning. According to the report, an escalating level of importance for all of these talent management functions is driving greater demand for integrated suites from a single vendor.

SumTotal provides comprehensive employee lifecycle management, including a core HR system of record, in a single end-to-end solution to give organizations a new level of visibility to make informed business decisions and accelerate growth. SumTotal’s integrated suite includes performance, compensation, succession, career development, social collaboration, recruiting and hiring, on-boarding, learning management, learning content management, mobile learning, workforce scheduling, time and attendance, absence and leave management, data collection devices, expense management, payroll and benefits administration, and workforce analytics.

“SumTotal customers benefit from our continued innovation as we deliver the most comprehensive solution available,” said John Borgerding SumTotal CEO. “SumTotal represents the largest independent HCM provider offering a complete and integrated solution and with over 15 million users in our cloud-based solution. We are honored to be recognized for this position and remain infinitely dedicated to ensuring our customers are successful.”

For more information about SumTotal, visit the company’s website at www.sumtotalsystems.com.

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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SuccessFactors Named a Leader for the Fourth Consecutive Year in the IDC Integrated Talent Management MarketScape…from SuccessFactors

April 29, 2012

 

HRchitect featured SuccessFactors in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. Matt Lafata and Tiffany Appleby from HRchitect attended and sponsored the SuccessConnect event in San Francisco in May 2011 and the Insights event in San Diego in Oct 2011.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SuccessFactors, an SAP Company, is positioned as a Leader in IDC’s Integrated Talent Management MarketScape report for the fourth year in a row. The report analyzes talent management vendors and delivers an overview of competitive capabilities that highlight SuccessFactors’ continued leadership in the market.

“SuccessFactors is a leader again this year,” said Lisa Rowan, program director, HR and talent management services, IDC. “The company’s ability to innovate and build on its initial offering of employee performance management software resulted in high marks for richness of the solutions.”

The IDC report highlights that in addition to talent management, SuccessFactors broadened its perspective and potential reach with its Business Execution (BizX) strategy. The report also notes that SuccessFactors has extended beyond people performance to tackle business performance, which is a natural extension to individual employee goal-setting.

IDC called out SuccessFactors’ Employee Central saying that it is, “…targeted to employers of all sizes and will likely become SAP’s cloud entrant for core HR.” SuccessFactors’ Employee Central is a next generation core HR System that provides an enterprise-class system-of-record and delivers true business impact through integration with talent, powerful analytics, enterprise collaboration and an intuitive user experience.

“It’s clear that IDC recognizes the steps SuccessFactors has taken to build the most robust suite for our customers. In the past 18 months we’ve worked aggressively to build new solutions and quickly integrate products from acquisitions to provide our customers with unmatched benefits from the breadth and depth of the combined offerings,” said Jeff Kristick, vice president of global product marketing, SuccessFactors. “To be named as a leader in the report for the fourth consecutive year speaks volumes for our dedication to innovate and integrate quickly so that our customers could deliver on their business goals.”

For more information on SuccessFactors, please visit www.successfactors.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 

Matt Lafata, HRchitect

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Salvation Army Moving to SumTotal Cloud for Payroll, Benefits, & Human Resources Management…from SumTotal Systems

April 29, 2012

 

Non-profit Seeks Improved Efficiency and Reliability Leveraging SumTotal’s Human Capital Management Expertise

 

HRchitect featured SumTotal Systems in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. SumTotal Systems appeared on the HRchitect WebMingle on May 1, 2009. Dave Watkins, Softscape’s CEO and Co-Founder appeared on the HRchitect WebMingle on June 19, 2009.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SumTotal® Systems, Inc., the global leader in Strategic Human Capital Management (HCM) solutions, recently announced that The Salvation Army in Canada has selected SumTotal’s integrated cloud solution to meet its payroll, benefits and human resources management needs. The organization also chose SumTotal’s Managed Services to provide comprehensive IT support for its payroll and HR system.

The Salvation Army is an international Christian organization that began its work in Canada in 1882 and has grown to become the largest non-governmental direct provider of social services in the country. The Toronto-based headquarters provides administrative support, including payroll processing, to many of the hundreds of ministry units located in communities across Canada and Bermuda.

By moving to a cloud-based platform with the support of SumTotal’s HCM and IT experts, The Salvation Army will be able to provide streamlined payroll, benefits and HR services to a larger number of its ministry units while increasing reliability.

“Improving the system effectiveness was our first priority, but we also wanted to ensure we did it in a cost-effective manner,” said Maisie Wong, assistant financial secretary for The Salvation Army in Canada and Bermuda. “With SumTotal’s Managed Services, we will have access to their expertise for faster and more knowledgeable support.”

Wong said they are also looking forward to improving efficiency by eliminating many semi-manual processes the organization currently uses to distribute pay stubs and reports to its geographically dispersed employees.

“SumTotal’s web-based self-service option will allow our employees to securely access their information online instead of us manually creating and emailing pdf files for paystubs,” Wong said. “Also, the enhanced reporting tools will provide managers access to information they need from any location.”

The Salvation Army’s Canadian headquarters currently processes payroll for about half of its 11,000 employees. Wong said they began incrementally moving payroll, benefits and HR functions to the main office several years ago. Now with the added reliability and functionality of SumTotal’s Managed Services and private-cloud solution, they hope to speed up that centralization.

“We understand the unique challenges not-for-profit organizations face with keeping overhead costs as low as possible while still providing payroll and HR services reliably and in compliance with local and federal regulations,” said SumTotal’s CEO John Borgerding. “SumTotal is proud to offer cost-effective human capital management solutions that help organizations like The Salvation Army improve efficiencies and free up limited internal resources so they can focus on their primary mission of helping people in need.”

For more information about SumTotal, visit the company’s website at www.sumtotalsystems.com.

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Halogen Named a Leader in the IDC MarketScape for Integrated Talent Management…from Halogen Software

April 29, 2012

 

MarketScape notes Halogen garnered the highest scores in customer service and cost-effectiveness from its clients among 14 vendors evaluated

 

HRchitect featured Halogen Software in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Halogen Software announced recently the company has been named a leader in the IDC 2012 Integrated Talent Management MarketScape. Representing IDC’s opinion on which vendors are well positioned today through current capabilities and which are best positioned to gain market share over the next few years, the report also recognized Halogen for receiving the highest scores for customer services and cost-effectiveness from its clients.

“Halogen achieved leader status in this year’s MarketScape report based on its verticalized go-to-market strategy and the company’s organic development and integration of various talent management functions,” said Lisa Rowan, program director, HR, Talent, and Learning Strategies for IDC. “The results demonstrate that Halogen clients have very high satisfaction with the company and the cost-effectiveness of their solutions.”

Halogen Software’s mission is to make it easy for organizations of all sizes to build a world-class workforce that is aligned, inspired and delivers exceptional results. The company offers the first - and only -talent management system purpose-built from the ground up to drive higher performance.

“We’ve taken a performance focused approach to thoughtfully designing and developing every module in our suite and we’re very happy to be recognized by IDC as a leader in the integrated talent management market,” said Paul Loucks, President and CEO, Halogen Software. “IDC’s recognition of our winning client satisfaction results reinforces our relentless focus on customer success.”

For more information on Halogen Software, please visit www.halogensoftware.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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SilkRoad Technology Named Finalist for 2012 Illinois Technology Association CityLIGHTS Award…from SilkRoad Technology

April 29, 2012

 

13th Annual CityLIGHTS Awards honor top performers in technology whose innovation and success drive growth in Illinois

 

HRchitect featured SilkRoad in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, and the HRchitect IRONMAN on Mid-Marketing Talent Acquisition Systems on June18, 2010, where they were crowned the winner of each. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010 and May 2011.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SilkRoad technology, inc., a leading provider of social talent management solutions, has been named a finalist in the 2012 Illinois Technology Association (ITA) CityLIGHTS Awards in the Rising Star category. In this category, SilkRoad has been recognized for its innovation in products and business approach, which has led to its growth as a leading competitor in the Human Capital Management (HCM) marketplace.

As the only cloud-based HCM provider of a full suite of talent management solutions, SilkRoad expects rapid growth in 2012. SilkRoad was founded on the idea that companies can build a self-motivating culture by empowering employees with the tools needed to drive their own careers and work relationships. In 2011, as the Human Capital Management market continued to accelerate, SilkRoad expanded its global footprint with additional offices in London, France and Japan; deployed HRMS solution, SilkRoad HeartBeat, to a record number of new customers; announced a revolutionary new social matrix solution, SilkRoad Point; and welcomed almost 400 new customers.

“The talent management marketplace is the next battleground for competitiveness,” said Flip Filipowski, executive chairman and CEO of SilkRoad technology. “The recent acquisitions of cloud-based talent management providers by the SAPs and Oracles of the world prove this, and we are proud at SilkRoad to be continuing down a path of innovation. By enhancing and building upon our award-winning product suite with platforms like Point, we will continue to grow our footprint in Illinois, nationally and globally.”

The ITA received a record-setting number of nominations this year, with the ITA’s panel of judges selecting the top entries in each of nine award categories. Public voting is online now through April 25. Winners are determined by a blended score based equally on public voting and the judges’ panel in all categories except the CityLIGHTS award, which is selected by the ITA Board of Directors, and will be announced at the CityLIGHTS Awards Gala on Thursday, May 10, 2012.

“It was no easy feat for the judges to determine the finalists for each award,” said ITA CEO Fred Hoch. “The past 12 months have been a time of unprecedented growth, accomplishments and innovation in Illinois, and this energy is reflected in the quantity and quality of CityLIGHTS awards nominees.”

For more information on SilkRoad Technology, please visit www.silkroad.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Cornerstone OnDemand Again Named a Leader in IDC Integrated Talent Management MarketScape Report…from Cornerstone

April 28, 2012

 

The 2012 report recognizes Cornerstone for its premier client service, strong functional capabilities and true multitenant SaaS architecture

 

HRchitect featured Cornerstone OnDemand in our first release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Charles Coy participated in the HRchitect WebMingle on January 16, 2009 and again on December 8, 2011. HRchitect attended and sponsored Cornerstone’s user conference in 2009 and 2010.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management software solutions, today announced that it has again been named a “Leader” in IDC’s latest Integrated Talent Management MarketScape report. The evaluation is based on a comprehensive and rigorous framework that assesses vendors relative to the criteria and one another and highlights the factors expected to be the most influential to success in the market, both short and long term.

“With strong functional capabilities, true multitenant SaaS for scalability and solid customer references, Cornerstone OnDemand is once again a leader in this analysis,” Lisa Rowan, program director of HR, learning and talent strategies at IDC, states in the 2012 report. “Strengths include very high scores in customer service, depth of capability of individual modules, cost appropriateness and timeliness of releases.”

IDC defines talent management as those functions that serve to attract, develop, reward and retain the workforce, with functionality for recruiting and staffing, learning and development, performance management, compensation management, and career and succession planning. According to the report, an escalating level of importance for all of these talent management functions is driving greater demand for integrated suites from a single vendor.

“Our clients benefit from seamless integration of features and functionality, as well as a unified interface, because our solution is pure SaaS and built on a single code base,” said Charles Coy, senior director of analyst and community relations for Cornerstone OnDemand. “While other vendors remain distracted with ERP acquisitions and consolidation of products and services, Cornerstone is focused on advancing and evolving its solutions to align with the ways organizations of all sizes use technology to engage, enable and empower their people. A recent example of our innovation is the addition of the Cornerstone Recruiting Cloud to our organically developed software suite.”

For more information on Cornerstone OnDemand, please visit www.cornerstoneondemand.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Saba Named as a Major Player in IDC’s Integrated Talent Management MarketScape…from Saba

April 28, 2012

 

Leading Analyst Firm Recognizes Saba for Strong Leadership and Global Momentum

 

HRchitect featured Saba in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Saba appeared on the HRchitect WebMingle on August 14, 2009. Matt Lafata with HRchitect attended the 2010 Saba Global Summit and Analyst Day in Boston, MA. Matt Lafata & Tiffany Appleby attended the Saba Global Sales Rally FY12 in June 2011 in Redwood City, CA and the Saba Global Summit 2012 in Miami, FL.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Saba (NASDAQ:SABA), the premier provider of people-centric enterprise solutions, today announced that it is positioned as a Major Player in IDC’s Integrated Talent Management MarketScape report.

An authoritative analysis of the Talent Management vendor landscape, the report cites Saba’s “strong partnerships,” “strong global presence,” “good market momentum” and “being out in front with investments in social talent management” as drivers for the Major Player distinction.

In addition, Saba recently announced the acquisition of HumanConcepts, further increasing Saba’s strong market presence. HumanConcepts’ organizational planning capabilities including intuitive visual analytics, organizational planning and modeling and the ability to streamline company transitions are powerful additions to the Saba Talent Management Suite. More information is available about the HumanConcepts acquisition in the press release, “Saba Acquires Leading Organizational Planning Provider HumanConcepts.”

Supporting Quotes

“Saba’s ability to build upon it core suite with a strong release strategy, aggressive growth plans and strategic global partnerships resulted in its high marks,” said Lisa Rowan, program director, HR and talent management services, IDC.

“To be named as a Major Player in the IDC Integrated Talent Management MarketScape report showcases Saba’s continued innovation and dedication to providing a unified talent management suite that drives business agility for our customers,” said Karen Steele, senior vice president of corporate marketing, Saba.

“We appreciate IDC’s recognition of our efforts to provide a powerful talent management offering complete with the most advanced organizational, workforce and succession planning capabilities available on the market today.”

For more information on Saba, please visit www.saba.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Educational Leaders Leverage Saba Meeting…from Saba

April 28, 2012

 

Academic Institutions Adopt Saba’s Award-Winning Solutions to Engage, Develop, and Inspire Students Around the World

 

HRchitect featured Saba in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Saba appeared on the HRchitect WebMingle on August 14, 2009. Matt Lafata with HRchitect attended the 2010 Saba Global Summit and Analyst Day in Boston, MA. Matt Lafata & Tiffany Appleby attended the Saba Global Sales Rally FY12 in June 2011 in Redwood City, CA and the Saba Global Summit 2012 in Miami, FL.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Saba (NASDAQ:SABA), the premier provider of people-centric enterprise solutions, today announced that academic institutions worldwide are adopting Saba Meeting, including Saba Classroom, to mobilize students and instructors around knowledge-sharing and collaboration. Saba Meeting allows students around the world to attend online classroom sessions, participate in online discussions, work in teams, collaborate with other students on projects, as well as interact with professors, instructors, and guest speakers in real-time.

“With students becoming more social and mobile, educational institutions are now faced with the need to provide classroom access anytime, anywhere, and in a variety of formats. We are helping educational organizations around the world embrace this communications shift and transform the way they collaborate and work,” said Karen Steele, senior vice president of corporate marketing, Saba. “Using Saba Meeting, customers can bring the live classroom experience into an online forum available on both desktop and mobile devices. An entire community of learners and practitioners can collaborate in a highly interactive, real-time environment that would be otherwise unavailable without Saba Meeting.”

Leading Global Academic Institutions Choose Saba Meeting

  • Bloomsburg University of Pennsylvania
  • Bentley University
  • Embry Riddle Aeronautical University
  • Government of South Australia, Department Of Education
  • Government of Western Australia, Department of Education
  • Instituto Tecnologico de Monterrey
  • Kansas State University
  • Missouri State University
  • Northern Virginia Community College
  • University of Central Arkansas
  • University of North Carolina at Charlotte

 

Mobilizing a Global Learning Community

Saba enables people processes that help to develop, engage, and inspire students and faculty around the world, through its:

Collaborative Learning Environment:   Saba’s virtual classroom solution allows for richer interaction and large-scale collaboration using whiteboards, real-time polls, surveys, and chat in vivid detail. In addition, students can engage with the class through emoticons, which allow students to raise their hands, laugh, and agree or disagree with the discussion.

Universal Access: Offers highly scalable, integrated, voice-over-IP (VOIP), video, and content sharing for virtual classes. Users can also participate in meetings and classes using popular platforms including Mac, Linux, and Windows, as well as mobile devices.

Mobile Virtual Classroom: Enables students to access classroom materials anytime, anywhere securely from both mobile devices and desktop, allowing users to engage actively in classroom meetings on the fly, watch class recordings, and browse course content.

Streamlined Course Delivery: Offers a simplified solution for capturing, sharing and accessing valuable knowledge from pre-session to post-session. Saba’s virtual classroom environment enables users to perform tests, quizzes, and evaluations anytime to ensure student comprehension. In addition, live events can be recorded and published in video-enabled channels and social networks.

Intuitive User Interface:  Easy-to-use features for increased engagement and interactivity for students and instructors include emoticons, text chat, and video. Instructors can monitor their sessions using presence indicators, which show whether students are present in class or have stepped away from the session.

For more information on Saba, please visit www.saba.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Peoplefluent’s Innovative Talent Management Solutions for the iPad Profiled by Bersin & Associates…from Peoplefluent

April 28, 2012

 

Company’s Industry-Leading Talent Management Software Reviewed in New Bersin & Associates Research Report

 

HRchitect includes Peoplefluent in our list of top Talent Acquisition Systems vendors and top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Peoplefluent™, an industry-leading Talent Managementsolutions provider, today announced that its groundbreaking talent management solution for the iPad® has been profiled in a new research report by Bersin & Associates, the premier research and consulting firm empowering Human Resources organizations to drive bottom-line impact. Titled “Talent Management on the iPad: Peoplefluent Delivers Breakthrough Solution,” the report highlights key advantages of using the company’s integrated talent management software.

Peoplefluent has a history of developing highly innovative user experiences, having delivered one of the first-ever integrated talent management suites. The company remains on the forefront of the latest technology, recently releasing Peoplefluent Mobile, its new solution for the iPad. Continuing a tradition of innovation, Peoplefluent Mobile is one of the first solutions in the market that totally reimagines how people will use HR software on a mobile device, leveraging the features and user experiences built into the iPad platform.

Peoplefluent Mobile was designed to enable a number of functional areas, including performance management, succession management and compensation. Rather than re-hosting its existing applications on the tablet, Peoplefluent started from scratch to develop Peoplefluent Mobile, using the iPad’s native design to make the system fun, fast and easy to use.

The Bersin report outlines a number of key benefits that Peoplefluent Mobile provides over other systems, including:

  • Peoplefluent Mobile’s Workforce Explorer module offers dynamic click boxes, tabs, graphic filters and graphical views to      dynamically display employee data, allowing managers to access and interact with key information about their employees at their fingertips.
  • The software allows managers to drill down on hundreds of data elements about their employees, providing them with key      information needed to determine high performers and flight risks.
  • The Workforce Explorer Flip Book, designed to mirror the visuals of the best mobile applications for the iPad, gives managers      access to the talent story of each individual, enabling them to flip through and understand their talent profiles, including details of their performance, compensation and career aspirations.
  • Supervisors, managers and executives can use the information in their talent management systems to make real-world, rapid decisions easily, without the need for an HR specialist or IT professional to help them find data.
  • The compensation analysis module allow managers and executives to quickly compare and analyze compensation, helping      leaders understand how they can optimize their budgets through embedded intelligence such as budget statistics and guidelines.

“We are delighted and honored to be recognized by Bersin & Associates as a pioneer in the tablet-based talent management field,” said Doug Ring, Chief Technology Officer for Peoplefluent. “Although talent management on mobile devices is a relatively new concept, Peoplefluent has been a trailblazer in the industry, long recognizing the unlimited potential that mobile technology can provide.”

Peoplefluent has made the Bersin & Associates research report available for complimentary download for a limited time at:  http://www.peoplefluent.com/sites/default/files/resources/files/Bersin – Peoplefluent Talent Management on the iPad – 040212.pdf

To learn more about Peoplefluent, please visit www.peoplefluent.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Ultimate Reports Q1 2012 Financial Results…from Ultimate Software

April 24, 2012

 

  • Record Recurring Revenues of $60.9 Million, Up by 22%
  • Record Total Revenues of $78.3 Million, Up by 21%

 

HRchitect includes Ultimate Software in our list of top HRIS vendors that organizations should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Ultimate Software (Nasdaq:ULTI), a leading cloud provider of people management solutions, announced today its financial results for the first quarter of 2012. For the quarter ended March 31, 2012, Ultimate reported recurring revenues of $60.9 million, a 22% increase, and total revenues of $78.3 million, a 21% increase, both compared with 2011’s first quarter. GAAP net income for the first quarter of 2012 was $1.0 million, or $0.04 per diluted share, versus GAAP net income of $0.3 million, or $0.01 per diluted share, for the first quarter of 2011.

Non-GAAP net income, which excludes stock-based compensation and amortization of acquired intangible assets, was $3.7 million, or $0.13 per diluted share, for the first quarter of 2012 compared with non-GAAP net income of $2.8 million, or $0.10 per diluted share, for the first quarter of 2011. See “Use of Non-GAAP Financial Information” below.

“We had a strong first quarter for 2012 across all our key areas. Sales, activation of new customers, and recurring revenues all exceeded our expectations. This performance gives us momentum and better visibility into our full-year 2012 results while keeping us solidly on track for achieving our 2013 goals,” said Scott Scherr, CEO, president, and founder of Ultimate. “Our new Enterprise and Workplace customers continued the trend of attaching talent management products, such as our Recruitment, Onboarding, Performance Management, and Time Management, to their core purchases in significant numbers, indicating that the HR market remains motivated by a desire to unify HCM processes under one umbrella.

“We had our most successful Connections customer conference ever at the end of March this year. More than 1,200 people attended to learn about Ultimate’s strategic roadmap, industry best practices, and technology trends and to share ideas while networking with peers, analysts, and Ultimate leaders. Ninety-six percent of those who completed our satisfaction survey rated the conference as ‘excellent’ or ‘good’.”

Financial Highlights

  • Recurring revenues grew by 22% for the first quarter of 2012 compared with 2011’s first quarter. The increase was primarily attributable to revenue growth from our Software-as-a-Service (“SaaS”) offering. Recurring revenues for the first quarter of 2012 were 78% of total revenues as compared with 77% of total revenues for the same period of last year.
  • The operating income (or operating margin), on a non-GAAP basis, for the first quarter of 2012 was $6.4 million, or 8.2%, as compared with $4.9 million, or 7.6%, for the same period last year.
  • Ultimate’s annualized retention rate was 96% for its existing recurring revenue customer base as of March 31, 2012.
  • The combination of cash, cash equivalents, and marketable securities was $67.0 million as of March 31, 2012, compared with $55.3 million as of December 31, 2011. Cash flows from operating activities for the quarter ended March 31, 2012 were $14.5 million, compared with $8.8 million for the same period last year.
  • Days sales outstanding were 59 days at March 31, 2012, representing a reduction of twelve days compared with days sales      outstanding at December 31, 2011.

Financial Outlook

2012 Financial Guidance:

Ultimate provides the following financial guidance for the second quarter ending June 30, 2012, and full year 2012:

For the second quarter of 2012:

  • Recurring revenues of approximately $64.0 million,
  • Total revenues of approximately $79.0 million, and
  • Operating margin, on a non-GAAP basis (discussed below), of approximately 10%.

For the year 2012:

  • Recurring revenues to increase by approximately 25% over 2011,
  • Total revenues to increase by approximately 23% over 2011, and
  • Operating margin, on a non-GAAP basis (discussed below), of approximately 15%.

Operating margin expectations were determined on a non-GAAP basis using the methodologies identified under the caption “Use of Non-GAAP Financial Information” in this press release. Non-cash equity-based compensation expense for 2012 is expected to be approximately $20.0 million.

For more information on Ultimate Software, please visit www.ultimatesoftware.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Cornerstone OnDemand Names Concur CEO Steve Singh to its Board of Directors…from Cornerstone

April 24, 2012

 

HRchitect featured Cornerstone OnDemand in our first release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Charles Coy participated in the HRchitect WebMingle on January 16, 2009 and again on December 8, 2011. HRchitect attended and sponsored Cornerstone’s user conference in 2009 and 2010.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management software solutions, today announced that Steve Singh, Chief Executive Officer and Chairman of the Board for Concur Technologies Inc., has been appointed to Cornerstone’s board of directors.

Singh has served as the Chief Executive Officer of Concur, the world’s leading provider of integrated travel and expense management services, since 1996, and as a director since 1993. Prior to his role with Concur, Singh was General Manager of the Contact Management Division at Symantec Corporation, an international technology firm focused on protecting information and computer systems.
“Steve is a cloud-computing visionary with an exceptional reputation. Not only has he been at the forefront of the industry, but he also is among a select few CEOs who have worked with a company from day one and successfully propelled it into a multi-billion dollar market leader,” said Adam Miller, President and Chief Executive Officer of Cornerstone OnDemand. “I am elated to personally welcome him to our board of directors and look forward to working with him to continue Cornerstone’s growth and innovation.”
“I am very pleased to join Cornerstone’s board at such an exciting time in the company’s history,” commented Singh. “The recent acquisitions of Cornerstone’s primary competitors, combined with the company’s impressive momentum over the past few years, favorably position Cornerstone to be the preeminent talent management software provider. I look forward to supporting the company’s success in meeting the evolving people management needs of leading organizations around the world.”

For more information on Cornerstone OnDemand, please visit www.cornerstoneondemand.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Workday Named #1 Best Place to Work in the Bay Area…by Workday

April 24, 2012

 

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Workday, Inc., the leader in SaaS-based enterprise solutions for global human resources (HR), payroll, and financial management, today announced that the San Francisco Business Times and theSilicon Valley / San Jose Business Journal ranked Workday #1 for large companies on its annual list of Best Places to Work in the Bay Area. This is the fifth consecutive year Workday has received recognition on the list.

Employees from more than 250 Bay Area companies participated in an independent, third-party survey, ranking their companies on topics including team effectiveness, alignment of goals, trust with coworkers, individual contribution, manager effectiveness, trust in senior leaders, feeling valued, work engagement, and people practices.

Founded by Workday Co-CEOs Dave Duffield and Aneel Bhusri in 2005, Workday now has more than 1,200 employees and 280 customers. Workday plans to hire more than 600 employees in 2012.

“We’ve grown our team and business substantially over the last year, and our ability to continue to live our core values and reinforce a culture where employees love what they do is our most important focus,” said Dave Duffield, Workday co-founder and co-CEO. “Being recognized as a best place to work is significant, because it’s the employees who decide, and they are the people who make the difference in our business every single day.”

To learn more about Workday, please visit www.workday.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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